Tuesday, 23 July 2019

Ceisteanna (212)

Pearse Doherty

Ceist:

212. Deputy Pearse Doherty asked the Minister for Finance the estimated annual cost of extending the help-to-buy scheme but at a reduced cap of €250,000, €300,000 and €400,000, respectively; and if he will make a statement on the matter. [33358/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I am advised by Revenue that extending the Help to Buy (HTB) scheme in the manner outlined by the Deputy, whereby the purchase/self-build of a house costing in excess of the amounts stated would not be eligible for a refund, would cost an estimated €60m, €25m and €10m per annum respectively for reduced caps of €400,000, €300,000 and €250,000. This is estimated from 2018 data.